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Financial Intermediation
US
updated a month ago

Nasdaq Sustainability Profile

Company website

Nasdaq, Inc., a leading global technology company, is headquartered in the United States and operates extensively across North America, Europe, and Asia. Founded in 1971, Nasdaq revolutionised the financial markets by launching the world's first electronic stock exchange, setting a precedent for modern trading practices. The company primarily operates in the financial services industry, offering a diverse range of products and services, including market technology, trading platforms, and data analytics. Nasdaq's unique blend of innovative technology and comprehensive market insights positions it as a key player in the global financial ecosystem. With a strong market presence, Nasdaq has achieved notable milestones, including the listing of thousands of companies and the development of advanced trading solutions that enhance market efficiency and transparency.

DitchCarbon Score

How does Nasdaq's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

72

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

32

Industry Benchmark

Nasdaq's score of 72 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

84%

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Nasdaq's reported carbon emissions

In 2023, Nasdaq reported a total of approximately 91.8 million kg CO2e in greenhouse gas emissions, comprising 75,100 kg CO2e from Scope 1, 62,000 kg CO2e from Scope 2, and approximately 91.6 million kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming to achieve net-zero emissions across its entire value chain by 2050, with a near-term target to reduce absolute Scope 1 and Scope 2 emissions by 100% by 2030 from a 2021 base year. Additionally, Nasdaq plans to reduce its absolute Scope 3 emissions by 50% by 2030 and 95% by 2050, also from a 2021 base year. Nasdaq is committed to sourcing 100% renewable electricity through 2030 and has set a target for 70% of its suppliers, by spend, to establish science-based targets by 2027. These initiatives reflect Nasdaq's dedication to sustainability and its alignment with the Science Based Targets initiative (SBTi) standards, ensuring that its emissions reduction strategies are consistent with the global goal of limiting temperature rise to 1.5°C.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201820192020202120222023
Scope 1
-
-
0,000
000
00,000
00,000
Scope 2
35,305,000
00,000,000
00,000,000
00,000,000
000,000
00,000
Scope 3
28,054,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000

How Carbon Intensive is Nasdaq's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Nasdaq's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Nasdaq's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Nasdaq is in US, which has a low grid carbon intensity relative to other regions.

Nasdaq's Scope 3 Categories Breakdown

Nasdaq's Scope 3 emissions, which increased by 7% last year and increased by approximately 227% since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 66% of Scope 3 emissions.

Top Scope 3 Categories

2023
Purchased Goods and Services
66%
Business Travel
21%
Capital Goods
5%
Investments
4%
Employee Commuting
2%
Fuel and Energy Related Activities
1%
Upstream Leased Assets
<1%
Waste Generated in Operations
<1%
Downstream Leased Assets
<1%

Nasdaq's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Nasdaq has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Nasdaq's Emissions with Industry Peers

Moody’s Investors Service, Inc

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 13 days ago

Broadridge

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 days ago

Six Swiss Exchange Ltd.

CH
•
Services auxiliary to financial intermediation (67)
Updated 3 months ago

Cboe

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Euronext

NL
•
Other business services (74)
Updated 10 days ago

Clearstream Holding AG

DE
•
Services auxiliary to financial intermediation (67)
Updated about 2 months ago

Frequently Asked Questions

Common questions about Nasdaq's sustainability data and climate commitments

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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